AGENDA PROPERTY MANAGEMENT COMMITTEE MEETING ...

2.4 Insurance: Without limiting Licensee’s indemnification obligations, Licensee shall notenter or occupy the Premises until Licensee has obtained all of the insurance required hereinfrom a company or companies acceptable to OCWD, and Licensee shall maintain all suchinsurance in full force and effect at all times during the term of this License and any extension orrenewal thereof. Insurance shall be placed with insurers having a current A.M. Best rating of noless than A-:VII or equivalent or as otherwise approved by OCWD.2.4.1 Licensee shall take out and maintain the following insurance:2.4.1.1 Workers’ Compensation and Employer’s Liability Insurance: Licenseeshall cover or insure under the applicable laws relating to workers’ compensationinsurance all of its employees working on or about the Premises, in accordancewith the “Workers’ Compensation and Insurance Act,” Division IV of the LaborCode of the State of California and any Acts amendatory thereof. Licensee shallprovide worker’s compensation insurance and employer’s liability insurance withlimits not less than One Million Dollars ($1,000,000) each occurrence, OneMillion Dollars ($1,000,000) disease policy limit, and One Million Dollars($1,000,000) disease each employee. Such policy of workers compensationinsurance shall contain the following separate endorsements:(a) “Insurer waives all rights of subrogation against the OrangeCounty Water District, its officers, directors, employees, representatives andvolunteers.”(b) “This insurance policy shall not be suspended, voided, reduced incoverage or in limits, cancelled, limited, non-renewed or materially changed forany reason by the insurer until thirty (30) days after receipt by the Orange CountyWater District of a written notice of such cancellation, limitation or reduction ofcoverage.”2.4.1.2 Commercial General Liability Insurance providing coverage in thefollowing minimum limits:(a) Combined single limit of Two Million Dollars ($2,000,000) peroccurrence for Bodily Injury, Personal Injury or Death and Property Damage.(b) Damage Coverage shall be at least as broad as Insurance ServicesOffice (ISO) Commercial General Liability coverage (occurrence Form CG0001).(c) If Commercial General Insurance or other form with a generalaggregate limit is used, either the general aggregate limit shall apply separately tothe project/location (with the ISO CG 2503 or ISO CG 2504, or insurer’s-6-